7min chapter

Forward Guidance cover image

GameStop, Citadel, And The Fleecing Of Small Investors | Spencer Jakab

Forward Guidance

CHAPTER

Melvin Capital's Role and Losses

This chapter explores the actions of Melvin Capital during the GameStop short squeeze, including their exit from their short position and significant losses incurred. It also discusses the unexpected market movements caused by struggling companies with heavy short interest rallying together.

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